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Post by account_disabled on Oct 26, 2023 4:17:33 GMT -6
Mark Sherrington, the founder of a large consulting company Added Value, who believes that marketing is akin to alchemy, proposed the W methodology. These are the questions that a marketer asks himself when defining the target audience What. What products do we sell? Who. Who will buy this product? why. Why should you buy what you produce? when. When will they buy it? Where. Where - online or offline, a small shop, a boutique or a large retail outlet - will they buy it? Definition of the target audience To determine the target audience for the product you need Analyze the product service. How competitive it is, its advantages, disadvantages - - points there and there. Consider everything. Conduct a survey among potential consumers. Make up a short questionnaire, including questions about how your product is better, why photo editor they buy it, how it differs from competitors' products, when it will be bought and where offline or online. SWOT analysis. A short one will suffice. SWOT analysis Strengths. Weakness Opportunities Threats - strengths, weaknesses, opportunities, threats is a common method for a comprehensive assessment of external and internal factors of a company's development. Perform market segmentation. The result is information about real and potential buyers. Segmentation will cut off those who do not belong to the target audience. Create a target market plan. The next step is drawing up a portrait of your target audience. A simple scheme involves answers to the following questions Age, gender, marital status, profession, social status.
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